In October 2011, Kinder Morgan purchased[21]El Paso Oil and Gas Company[22] as a wholly owned subsidiary. Of the transaction, Richard Kinder stated[20], “We are delighted to close the El Paso transaction and we are very excited about the natural gas footprint that we now have in the United States with the addition of approximately 44,000 miles of natural gas pipelines from El Paso.”

This facility will use 3,700 gallons of water per minute, 24 hours per day, 7 days per week, year round and we do not know the longevity of the mine other than the permanent box was checked on the permit application.

To put that water use into perspective: according to the US Geological Survey, the average person uses 80 to 100 gallons of water per day. So EOG will use more water in one minute than you use in a month. They will use 1,944,720.000 gallons of water a year, which is enough water for 53,280 people for a year.

From the frac sand mines of Wisconsin and Texas, EOG transports the prized commodity to shale basins nationwide for fracking.

EOG and Fracking

EOG Resources also has a major foothold in shale basins throughout the United States and Canada, and indeed, the entire world.

A look at its Operations Map[24] shows shale assets in the U.S.-based Marcellus, Eagle Ford, Barnett, and Bakken Shale basins and other places, as well as operations in Canada's Horn River Shale. It also owns assets in Argentina, the United Kingdom, China and Trinidad & Tobago.

This adds up to a net total of 2.54 billion barrels of oil reserves owned throughout the world, according to its Operations Map[24].

From shale gas basins, the fracked gas has to go somewhere to have any value – not that this always happens[4]. The transport method is, almost always in the case of gas, pipelines. Enter EOG's pipeline assets.

EOG and Gas Pipelines

EOG, like its cousin Kinder Morgan[34], maintains many key pipelines that connect fracked gas from shale gas basins to the marketplace. EOG owns Pecan Pipeline Company[35], a subsidiary that focuses on piping fracked gas out of the Eagle Ford Shale to key markets.

EOG and LNG Exports

As I wrote[39] in an article that appeared on the news and opinion website Nation of Change back in April,

Kitimat, British Columbia is home to three LNG export facilities: the Kitimat LNG Facility, the B.C.LNG Facility, and a facility co-owned by Royal Dutch Shell and PetroChina[40]. Kitimat LNG is co-owned[41] by EnCana, EOG Resources and Apache, while B.C.LNG is run by Douglas Channel Energy Partnership in a complex co-ownership arrangement.

In other words, Kitimat LNG is co-owned by the same companies that co-own the Pacific Trails Pipeline, the tributary that brings the fracked gas to the terminal to be super-chilled and sent to Asian markets to begin with.